This year's uncertainty in Washington is resulting in an unclear tax landscape, especially with deductions from real estate holdings and capital expenditures.

The future of accounting is no longer on the horizon; it’s here. By modernizing your financial practices now, you’re not just ...

Two Cybertruck owners who spent about $100,000 or more on their electric trucks shared their official trade-in quotes from ...

Grace Cartin, Partner at Deloitte in Belfast, outlines what businesses need to know about changes to the UK accounting standard FRS 102.

Explore how Nigeria's public debt surged by N57.3tn within 18 months. Understand the implications of this financial trend.

Accounting principles ... For example, if there were significant write-downs, a breakdown of how depreciation was calculated should be provided. Companies are able to defer the recognition ...

A Porsche 911 GT3 Touring just sold at auction for over $270,000. Thus, it raked in a $63,000 profit for the original owner who paid the MSRP. Some believe such models’ value will continue to ...

Two commonly discussed options are zero depreciation cover and comprehensive insurance. Let's understand which one you should buy and which one will help you save more in the long run. Whether ...

IndusInd Bank faces a leadership crisis as MD & CEO Sumant Kathpalia resigns following accounting discrepancies in its derivatives portfolio, revealed after an independent investigation. The issues, ...

IndusInd Bank's CEO, Sumant Kathpalia, resigned immediately, accepting responsibility for a Rs 1,960 crore accounting lapse in derivatives. An independent probe revealed misaccounting of internal ...

Image source: Getty Images. The accounting of amortization and depreciation is essentially the same. So, for our example, we can simplify the process and just consider a simple equipment purchase.

The chair of the Public Company Accounting Oversight Board, Erica Williams, issued a warning Tuesday after the House Financial Services Committee introduced draft legislation that would effectively ...